China Trading Stocks

[realfast95]

Back to the RMB, this just came out

BK: China RMB Devaluation Likely in 2016
By Brian Kelly - - Market Sentiment on February 7, 2016 5:48 PM

http://tickerdistrict.com/2016/02/07/bk-china-rmb-devaluation-likely-in-2016/

Got a few minutes after the Superbowl? If yes, then read the attached report below.

For the time challenged, here are a few bullet points:

China has at most 5 months before a currency crisis.
China’s FX reserves are inadequate relative to the size of its economy.
China reached a “Minsky Moment” in 2014 that could keep the asset prices depressed until 2019.
Expect a devaluation of the RMB on the order of 25%+ in 2016.